I on the behalf of all the board of directors and myself would like to welcome you all In the 43rd Annual General Meeting of the Bank.
It is delightfully heartening to inform you that the bank is continuing to progress, bank's secured and other funds were 2074.64 lakhs last year, out of which 1999.66 lakh has increased and by the year end it amounted to 2274.30 lakhs.
Last year's working capital was 21752.74 lakh, in which the amount was increased by 125.24 and amounted to 21,977.97 lakhs. Amount was 169 07.14 lakhs last year, in which the amount has decreased from 275.76 lakh to 16631.38 lakh. Net N.P.A. on the anniversary of the bank has gone to 42.02%.
I am grateful to all the officers and employees of the bank for bank's strong position and all-round development and whose hard work and integrity are continuously making the bank progressive. Also, i would like to thank all the respected members and the bailees, and hope that we will get their support and faith in the same way.
We sincerely thank the Reserve Bank of India, Co-operative Bank, other co-operative banks, co-operative departments and all co-operatives and hope that with the same cooperation and blessings in the future, we will be able to reach the summit and achieve our cooperative goals.
Business & Industrial